"Short positions currently make up an impossible 140% of GameStop’s float, which is the result of a flaw in how short interest is calculated, a flaw that’s getting greatly magnified in the case of GameStop, according to Dusaniwsky."
Where is the additional 40% coming from?
Outstanding - restricted = float = max can borrow [Am I misunderstanding something here?]
So I got some validation from someone credible, I want to give special thanks to Dan Caplinger, the writer of Yes, a Stock Can Have Short Interest Over 100% -- Here's How
The following is the email conversation:
During my research I also learnt that there are ways to prevent your long positions from being borrowed 1) you do not agree to it when signing up with the brokers 2) set up impossible GTC orders (but you should still confirm these conditions with your actual brokers)